LOS ANGELES, Aug. 10, 2023 /PRNewswire/ --
Cineverse Corp. (NASDAQ: CNVS), a global
streaming technology and entertainment company with one of the
world's largest portfolios of streaming channels and content
library, today announced that it has reached a FAST focused content
deal with The Preview Channel™, a linear
entertainment AVOD channel that programs the latest, trending
motion picture, television and streaming previews and the best in
behind-the-scenes entertainment and interviews featuring the most
popular stars, biggest franchises, hit movies and shows.
The Preview Channel™ has carved out a popular
niche with short-form, mostly Hollywood studio produced content that is
updated and refreshed daily. "William
Sager, CEO of TPC said "We couldn't be more delighted to
have partnered with Cineverse. The Preview Channel™
is developing a devoted and loyal fan base and is performing
exceptionally well in a very crowded OTT marketplace."
Cineverse had initially been operating The Preview Channel's
advertising business and recently expanded its pact to include full
channel distribution so the popular service could scale
rapidly.
"We have seen extraordinary and immediate results from their
advertising inventory and thought it made complete sense to expand
our relationship immediately," said Russell Sneider, Senior VP of Brand Partnerships
at Cineverse.
The deal includes
utilizing Cineverse's proprietary Matchpoint™ technology
and advertising tools to manage
and cost-effectively deliver advertising to the
channel.
ABOUT CINEVERSE
Cineverse is a global streaming technology and
entertainment company with one of the world's largest portfolios of
owned and operated streaming channels, all powered by its advanced,
proprietary technology platform. Cineverse currently
features enthusiast brands for subscription video on
demand (SVOD), transactional video
on demand (TVOD), advertising-based video on demand
(AVOD) and free, ad-supported streaming television (FAST)
channels. Cineverse entertains consumers around the globe
by providing premium feature film and television
series, enthusiast streaming channels and technology
services to some of the world's largest media, retail and
technology companies. For more information, please
visit www.cineverse.com.
ABOUT THE PREVIEW CHANNEL
The Preview Channel™ is a 24/7 advertiser supported linear FAST/
AVOD channel that features and premieres the latest first run
motion picture, television, streaming and video game short form
promotional content that is refreshed daily. The Preview Channel™
is available on multiple platforms in the US and Canada and in parts of Asia, throughout most of Europe in local languages on the "Trailers"
channel in partnership with Love TV and will soon to launch in
neutral Spanish in the US, and Latin and South America. The Preview Channel™ was
Trademarked worldwide July 3, 2018
under Registration Number 5,510,196 and has a USPTO Patent Pending
# 69/960.805.
For additional information, please contact:
For Media
The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors
Julie Milstead
424-281-5411
investorrelations@cineverse.com
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SOURCE Cineverse Corp.
